i beleive that the 1st and second minor waves are done and is on the way for a 3rd wave. might pick up momentum when us stock markets open, until then i have sold 1 lot with an SL at the top of second wave. hoping a TP of 24810 which is 161.8 fib expansion.
Hello Stringfx,
Could you please comment your latest views on EURUSD ?
In hourly chart, what is the end of 3rd wave and is it in the 4th wave right now ?
Your response will be very much appreciated.
Thanks,
Hello Stringfx, Could you please comment your latest views on EURUSD ? In hourly chart, what is the end of 3rd wave and is it in the 4th wave right now ? Your response will be very much appreciated. Thanks,
Count was wrong on dow and now there is a good chance of almost reaching the high of the last major wave. technically second waves can reach the 1st wave... so letting it be for the time being. my stop loss was hit. if it breaches the high, then we are in for good bull run.
The pair GBP / USD in the correction, the probability of decline is maintained. Estimated pivot point is at the level of 1.3215. The main scenario: "short positions" are relevant to the correction below 1.3215 with the aim of 1.2806 - 1.2707. Alternative scenario: a breakdown and price fixing above 1.3215 will allow the pair to continue to grow to the levels of 1.3390 - 1.3628. Analysis: within the framework of the daily timeframe, the formation of a downward correction of the senior level as the second wave (2), which took the form of a zigzag,...
Ignored
Hello Dulu,
Could you please share your latest view points of GBPUSD hourly chart.
Is it already completed 2nd wave. It seems a bit difficult to mark b-wave of 2nd wave.
Thanks
